Initial price	£550,000
12/04/25	£495,000
Price Change	-10.00%

This former bar, restaurant, and hotel is situated on Shanklin's award-winning seafront, boasting spectacular sea views. The property is a rare opportunity for developers or investors, with planning permission to convert it into three holiday apartments and one residential townhouse. The holiday apartments, each with its own unique layout, offer stunning sea views from their balconies, while the residential townhouse has three bedrooms, a separate kitchen, living room, and a great size balcony area to the rear. The property has mains electric, gas, water, and drainage, and is located on a main bus route with easy links to other Island hotspots. The guide price for this property is £495,000, and viewings can be arranged through HRD Commercial.